16 Stock Trades:
2 AAL + 44 BPS.
1 BP + 21 BPS.
3 BLT + 125 BPS.
1 GLEN + 35 BPS.
1 OCDO + 88 BPS.
1 RR + 54 BPS.
7 UK100 + 64 BPS.
8 long trades + 234 BPS.
8 short trades + 197 BPS.
11 intra-day trades + 309 BPS.
5 multi-day trades + 122 BPS.
Stocks net + 431 BPS.
Return on account for the week + 2.14 % net.
P:L ratio N/A.
Days traded: 5.
Longest trade duration: 15 days.
Shortest trade duration: 2 min.
(All PNL expressed in basis points for the purpose of comparison.)
Thoughts
A difficult week's trading.
Markets
were pretty range bound during the first part of the week. We saw a sell off after the US Fed raised rates by 25 BPS on Wednesday night, before a strong rally on Thursday, then a sell off on Friday.
Made a few very poor trades exits again this week, especially on my RR short, which dropped over 400 BPS from the early high on Friday.
Well short of my weekly 2.5% benchmark.
Looking forward to more trading opportunities next week.
Stay disciplined.
Stay focussed.
Stay humble.
Markets were pretty range bound during the first part of the week. We saw a sell off after the US Fed raised rates by 25 BPS on Wednesday night, before a strong rally on Thursday, then a sell off on Friday.
Looking forward to more trading opportunities next week.
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